Chainalysis lands $16m for real-time crypto compliance tool
Chainalysis has launched a new real-time cryptocurrency compliance tool after closing a $16m Series A round.
Libra co-creator gets into Twitter-spat after Stripe, Mastercard and Visa abandon the cryptocurrency project
Things are not looking stellar for Libra as several backers have pulled out of the cryptocurrency project as the regulatory pressure against it is mounting.
FTX launches in Australia
Global cryptocurrency exchange FTX has established a local presence in Australia with the launch of FTX Australia.
‘All Weather Stablecoin’ Gyroscope closes seed round
Gyroscope, which stylises itself as the ‘All Weather Stablecoin’ has raised $4.5m in its seed funding round, which was co-led by Placeholder VC and Galaxy.
Crypto-native algo trading firm Auros rakes in $17m
Auros, a crypto-native algorithmic trading and market making firm, has landed $17m in a funding round headed by Vivienne Court.
New IMF report lays down the risks of e-money becoming more popular than physical...
As e-money rises in popularity, a new International Monetary Fund (IMF) report has looked into the rise of cryptocurrencies, e-money and i-money like Facebook’s Libra and what the associated risks to the economy are.
Construction of Akon’s $6bn cryptocurrency-powered Wakanda-inspired city has started
American-Senegalese singer Akon has announced that the construction of Akon City has begun and that it will resemble the fictional country Wakanda from the Marvel movie Black Panther.
25 FinTech deals from last week and what they tell you about the state...
The FinTech funding rounds over the past week show that the coronavirus continues to affect the sector and also provide an opportunity to look closer at India's industry.
Facebook introduces new payment service Facebook Pay
Social media giant Facebook is strengthening its push into the FinTech space by announcing the launch of Facebook Pay, a new way to shop, donate and transfer cash across Facebook, Messenger, Instagram and WhatsApp.
UK government floats plans for cryptoasset regulation
The UK government has unveiled proposals to put cryptoassets into the same regulatory regime as traditional financial services.